May
02
HTA Shells Out $2.8B for Duke Realty Portfolio
ByThe nation’s largest owner and operator of medical office buildings will become even larger with the acquisition of 78 health care properties totaling 6.1 million square feet.
The flurry of big-ticket medical office building portfolio trades over the last year continues as Healthcare Trust of America Inc., already the largest dedicated owner and operator of medical office buildings in the United States, strikes a deal that will make it even larger. The 11-year-old REIT just inked an agreement to purchase Duke Realty Corp.’s MOB assets and medical development platform for approximately $2.8 billion…
